European Union: Capital Adequacy/BASEL

The European Commission has proposed significant amendments to the EU's securitisation framework, aiming to remove barriers in the market while maintaining investor protections. With the Council and Parliament having finalized their positions, trilogue negotiations are now underway under Ireland's EU Presidency, testing the balance between market liberalization and regulatory safeguards.

The Malta Financial Services Authority has introduced significant amendments to its Investment Services Rules affecting firms offering contracts for difference and rolling spot forex contracts. These changes streamline authorisation requirements, align capital thresholds with EU frameworks, and recalibrate governance expectations while removing certain prescriptive obligations that have been superseded by broader European legislation.

Rob Cain and Sarah Thompson examine the implications of Ireland's transposition of CRD VI Article 21c, focusing on cross-border lending challenges, reverse solicitation exemptions, and grandfathering provisions.

The Malta Financial Services Authority has issued a DEAR CEO letter outlining minimum expectations for authorized persons' preparedness for Payment Services Directive 3. This guidance document provides essential compliance information and offers legal support resources for financial institutions navigating PSD3 requirements.

The Dutch Senate has approved legislation implementing CRD VI, fundamentally changing how non-EU banks can provide loans and banking services to corporate borrowers in the Netherlands and across the EU.

The Central Bank of Ireland's latest Financial Stability Review examines intensifying global risks facing the domestic financial system, with particular focus on AI financing developments and their potential market implications. Governor Makhlouf highlights elevated vulnerabilities from Middle East energy supply shocks, AI-related stock valuations, and evolving cybersecurity threats, while emphasizing the accumulated resilience in Ireland's financial system through strong capital buffers and prudent lending

Poland is one of the most dynamic fintech and crypto markets in Central and Eastern Europe, combining strong technical talent, a developed financial sector, and competitive operating conditions.

The Central Bank of Ireland's (CBI) Regulatory & Supervisory Outlook Report 2026 (the Report) is published at a time of accelerating change.

As Article 21c of CRD VI ushers in a new era for third-country access to the EU banking market, firms need clarity, strategy and the right expertise.